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Company News

March 25, 2021

Extended Stay America Comments on Acquisition Agreement

CHARLOTTE, N.C. , March 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America , Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA, the “Company”) (NASDAQ: STAY) today issued the following statement in connection with its previously announced definitive

March 15, 2021

Blackstone and Starwood Capital Group to Acquire Extended Stay America

CHARLOTTE, N.C. , March 15, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (“ESA”) and its paired-share REIT, ESH Hospitality, Inc. (“ESH” and together with ESA , the “Company”) (NASDAQ: STAY) announced today that it has signed a definitive agreement to be acquired by a 50/50 joint venture

February 25, 2021

Extended Stay America Announces Fourth Quarter and Full Year 2020 Results

-  Net income of $65.7 million in the Fourth Quarter, $96.3 million for the Full Year 2020 -   Adjusted EBITDA 1 of $89.3 million in the Fourth Quarter, $374.1 million for the Full Year 2020 -   Comparable system-wide RevPAR decrease of 9.4% in the Fourth Quarter, -15.0% for the Full Year 2020 -  

February 25, 2021

Extended Stay America launches new Premier Suites brand

Extended Stay America Premier Suites to launch with more than 30 properties. CHARLOTTE, N.C. , Feb. 25, 2021 (GLOBE NEWSWIRE) -- Extended Stay America, Inc. (NASDAQ:STAY), the largest mid-priced extended-stay hotel brand, announced today the launch of Extended Stay America Premier Suites.